The UAE supplied the blueprint for Hydrogen 2050 in COP26 since hydrogen was so vital for replenishing renewable energy sources, according to Francesco La Camera, director-general of the International Renewable Energy Agency (IRENA). Will serve as the foundation for a new energy system that emphasizes clean fuel and storage capacity.
Francesco La Camera stated that hydrogen may be a long-term economic fuel for transportation and large sectors that are difficult to electrify, as well as play a role in power grid stabilization through storage. Has a significant part to perform.
He went on to say that the Middle East would be a leader in hydrogen production. Blue hydrogen can assist countries that export low-cost renewable energy and gas.
International Renewable Energy Agency Director General (IRENA), The influence of hydrogen on the energy sector will be faster than projected, but demand, not competition or distribution, is the most crucial factor, therefore we should be concerned. Set criteria for trade that are more transparent and efficient, as well as the ability to identify demand.
He emphasized that, because gas would play such a significant part in 2050, the decision is not whether to split the present energy system, but whether to follow the IPCC’s recommendations. In the next years, they will be the polar opposite of what they are now, ranging from 30% to 70%.